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High Court of Bombay Examines Challenge to Arbitral Award Directing Payment of Rs.9,28,188.45 with Interest. The petition under Section 34 of the Arbitration and Conciliation Act, 1996 arises from a member-client dispute over stock market transactions and margin shortfalls.

The petitioner filed an Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996 before the High Court of Judicature at Bom...

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High Court of Karnataka Hears Writ Petition Challenging Stamp Duty Revision Order Alleging Excess of Jurisdiction and Violation of Natural Justice. Court Examines Whether Stamp Duty Under Karnataka Stamp Act, 1957 is Payable on Built-Up Area When Sale Deed Conveys Only Undivided Land Share.

The litigation arose out of a Joint Development Agreement (JDA) between Prestige Estates Projects Limited (developer) and United Breweries (Holdings) ...

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Bombay High Court Passes Judgment on Enforcement of Foreign Arbitral Award under Sections 47-49 of the Arbitration and Conciliation Act, 1996. Dispute arose from Share Subscription Agreement and Put Option Deed involving investment exit rights.

The petitioner, Banyan Tree Growth Capital L.L.C., a Mauritian investment fund, had invested approximately USD 7.5 million in Axiom Cordages Limited, ...

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High Court of Bombay Holds Bank of Maharashtra Action Contrary to RBI Wilful Defaulter Guidelines Due to Absence of Reasoned First Committee Order. Declaration of Wilful Defaulter Requires Strict Compliance with Procedural Safeguards Under RBI Master Circular and Supreme Court Precedent.

Background: The dispute arose out of a writ petition filed before the High Court of Judicature at Bombay, Nagpur Bench, challenging the declaration of...